Pune, India -- (SBWIRE) -- 03/19/2019 -- Metagenomics can be defined as the study of the metagenome, which is collective genome of microorganisms. The microorganisms are collected from an environmental samples and the studies are conducted to provide information on the microbial diversity and ecology of a specific environment. The study of microorganism is conducted through the shotgun metagenomics technology/ technique which is used to extract the DNA from the environmental sample and sequence the small fragments. The metagenomic is the rising and vibrant field that has appropriated the tools used for standard genomics and applied for the study of the entire communities of microbes. This requires no need to isolate and culture the individual microbial species. The primary aim of the metagenomics is study and identify the genes and metabolic pathways present in the microbial species.

The global metagenomics market is expected to reach US$ 314.3 Mn in 2027 from US$ 165.8 in 2018. The market is estimated to grow with a CAGR of 7.7% from 2018-2027.

Metagenomics Market to 2027 - Global Analysis and Forecasts by Product (Instruments & Software and Consumables), Application (Clinical Diagnostics, Drug Discovery Metagenomics and Others) and Geography

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Major Payers Operating in the Metagenomics Market-
-Merck KGaA
-Thermo Fisher Scientific Inc.
-Agilent Technologies
-Qiagen
-Bio-Rad Laboratories, Inc.
-Perkinelmer Inc.
-Illumina Inc.
-F Hoffman-La Roche Ltd.
-Oxford Nanopore Technologies Ltd.
-Pacific Bioscience of California, Inc.

The metagenomics based on application is segmented into clinical diagnostics, drug discovery, and others. Clinical Diagnostics segment is anticipated to grow at a CAGR of 7.2% during the forecast period. The metagenomics offers prodigious potential for the identification of uncultured microorganism that can be used to detect and diagnose infectious diseases and the genetic properties of the microorganism. Therefore, the segment held the largest market share among the application segment in the metagenomics market and is likely to dominate the market in coming forecast period.

The extensive research for the microbial studies are being conducted to study the genetic make-up of the microorganisms. The collection of the microbial sample collected from the environmental resources owes the huge diversity in their genes. The study have helped to discover antibiotics and are expected to assist more in the drug discovery in the coming future. The current trend of the molecular-based approaches has enabled the field of the metagenomics to study the uncultured microorganisms. The metagenomics has also helped in the huge way for the clinical diagnostics and the clinical diagnostics is the current trend going on cross the world.

Also the extensive research is been going-on currently for the environmental sectors. Also the metagenomics have potential to discover products for the biotechnology, agriculture biotechnology, food technology and others. The potential of the metagenomics in the pharmaceuticals owe to the large hopes for growth opportunities for the market players. Also the novel innovations from the market players are likely to discover the solutions for the chronic infectious diseases. The initial cost of the primary set up for the metagenomics is very high, however, the technological advancement and the efforts by the market leader such as Illumina Inc., Pacific Bioscience of California Inc., among the others are likely to meet this challenge. These market players are aggressively working to provide cost effective solutions for the metagenomics studies. The healthcare industry is likely to experience the positive outcomes in the coming future.

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